16 December 2019

The state of play on the new German corporate sanctions law

A CRITICAL ASSESSMENT OF THE IMPACT OF THE DRAFT BILL OF AN “ASSOCIATION SANCTIONS ACT” ON SMES AND M&A TRANSACTIONS

The draft bill of an Association Sanctions Act (Verbandssanktionsgesetz) has been available since summer 2019 and is currently being discussed by public associations. It is intended to introduce a completely new liability and sanction regime for companies which, among other things, will pose additional compliance management challenges for SME companies.

Enjoy the read of our latest GSK update!

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Eric Mayer

Local Partner*

+49 89 288174-73

eric.mayer@gsk.de

* Partner: a partner within the meaning of the German Partnership Companies Act.
   Local Partner: not a partner within the meaning of the German Partnership Companies Act.
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